Business
Foreign Investments In Nigeria’s Stock Increase By 204%
Nigeria’s stock market sees a 204% rise in foreign investments in Q2 2024, reaching $150 million.
9 October 2024
CBN
Business
CBN Governor Justifies Interest Rate Hike to 27.75% Amid Inflation
CBN Governor Yemi Cardoso explains the painful decision to raise Nigeria’s interest rate to 27.75%, focusing on inflation control
8 October 2024
Business
Naira Rebounds After a Long Streak of Depreciation
The Naira experiences a rebound after an extended depreciation, offering hope for economic stability in Nigeria.
27 September 2024
Business
CBN Withdraws Policy Due To Misrepresentations
Central Bank of Nigeria (CBN) has withdrawn a policy due to widespread misrepresentations, raising questions about its financial policies
20 September 2024
Business
First Bank Shares Appreciate Over 30% After Subsidiary Sale
First Bank shares surge over 30% following the sale of its subsidiary, boosting investor confidence and market performance.
16 September 2024
Breaking News
CBN Gives PoS Operators One Month Ultimatum For PTSAs Routing
The CBN mandates all PoS transactions to be routed through PTSAs, to improve the nation’s electronic transaction tracking.
13 September 2024
Business
ECOWAS to Abandon Single Currency Plan
ECOWAS is considering abandoning its single currency plan, the implications for member states, and how this decision could impact economic integration in West Africa.
4 September 2024
Business
CBN Imposes Cash Withdrawal Limits
Central Bank of Nigeria’s (CBN) newly imposed cash withdrawal limits, their implications for individuals and businesses
3 September 2024
Business
CBN Updates Guidelines for Managing Dormant Accounts and Unclaimed Balances
The CBN emphasized that these new guidelines take precedence over the previous guidelines issued in October 2015
20 July 2024
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